Although home buyers and home sellers should know days on market in order to make decisions, DOM is not a good way to predict house price appreciation. House price appreciation in Sunnyvale has differed significantly from that in Daly City. Days On Market has been low in Sunnyvale since 2012. Although Days On Market in Daly City has had more volatility during 2023 … [Read more...] about Price Appreciation vs DOM
days on market
Low DOM For Silicon Valley Houses
Recently JLee Realty began plotting median days on market in addition to average days on market for homes for sale. The median plot emphasizes the change that began around 2012. The median days on market stays very low with only occasional bumps up. The average dom has been trending down over this period and thus the change is that fewer homes deviate from the median. View … [Read more...] about Low DOM For Silicon Valley Houses